SAN DIEGO, CA (October 16, 2012)—On Saturday night November 3rd, former
IBF Super Middleweight champion Lucian Bute will take on undefeated Denis
Grachev in a twelve round fight for the NABF Light Heavyweight
championship.The card will be
televised LIVE in the United States on WealthTV and will originate from the Bell
Centre in Montreal.

Bute of Montreal
has a record of 30-1 with twenty-four knockouts.He is the long reigning IBF Super
Middleweight champion winning the belt in October of 2007 with a eleventh round
knockout of Alejandro Berrio.Bute
went on to defend the title nine times with wins over World Champion William
Joppy, Brian Magee and Glen Johnson plus top challengers Librado Andrade
(twice), Fulgencio Zuniga, Edison Miranda, Jesse Brinkley and Jean Paul Mendy.

This past May,
Bute suffered his first career setback when he was stopped by three-time World
champion Carl Froch.Bute needs a
win to set up the highly anticipated rematch with Froch.But first he has to get by the upset
minded and undefeated Grachev.

Grachev of San
Diego, by way of Chaykovsky, Russia has a record of 12-0-1 with eight knockouts
and is coming off the biggest win of his career when he stunned highly ranked
and undefeated Ismayl Sillakh (17-0) this past April 27th.Grachev has defeated two previously
undefeated fighters, namely Azea Augustama and Valdine Biosse (9-0), in a fourth
round stoppage.

WealthTV is
coming off a strong trifecta weekend in professional boxing. The three
card weekend kicked off Friday with a classic IBF Super Middleweight elimination
bout that saw Adonis Stevenson score a sensational twelfth round knockout over
Donovan George.Saturday saw the
explosive first round knockout for David Price over former Audley Harrison that
wasthe battle of British Olympians
and topped off the evening with 2008 Olympic Gold Medal winner James DeGale
scoring a twelve round unanimous decision over Hadilla Mohoumadi.

WealthTV has
previously announced that on October 27th, top American Heavyweight
Franklin “Yah Yah”Lawrence will take on battle tested Dominick Guinn and on
November 17th in a bout in what many are predicting a “Fight Of The
Year “Candidate as WBO Flyweight champion Brian Viloria and WBA Flyweight
champion Hernan “Tyson” Marquez will do battle in a much anticipated unification
bout.

Network president
Charles Herring stated, “Our boxing staff is searching the world for the best
upcoming and proven fighters.We’re
pleased to be delivering on our commitment to offering boxing fans the highest
quality bouts free to WealthTV viewers without any premium channel like
associated fee. We anticipate upwards of 40 to 60 live world-class boxing events
on the network for 2013, a run rate we are currently achieving.”

The Bute v. Grachev
fight can be seen on Wealth TV nationally on Verizon FiOS TV channel 169 and 669
in HD, AT&T U-Verse TV channels 470 and 1470 in HD, along with over 100
cable systems across the country as well as on line viewing on numerous
connected devices and via www.wealthtv.com.